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Audit assistant vs senior auditor

The differences between audit assistants and senior auditors can be seen in a few details. Each job has different responsibilities and duties. Additionally, a senior auditor has an average salary of $74,382, which is higher than the $58,744 average annual salary of an audit assistant.

The top three skills for an audit assistant include audit reports, CPA and risk assessments. The most important skills for a senior auditor are CPA, internal audit, and audit reports.

Audit assistant vs senior auditor overview

Audit AssistantSenior Auditor
Yearly salary$58,744$74,382
Hourly rate$28.24$35.76
Growth rate-5%6%
Number of jobs12,69223,025
Job satisfaction-5
Most common degreeBachelor's Degree, 65%Bachelor's Degree, 79%
Average age5144
Years of experience6-

What does an audit assistant do?

It is the job of an audit assistant to monitor and analyze the financial reports of a business enterprise. Audit assistants prepare the financial reports and ensure compliance with the tax regulations. They determine both the strengths and weaknesses of the finances of an organization. Their job includes checking the accuracy of accounting procedures and systems. They make a review, assessment, and recommendations for changes in business unit accounting systems and controls.

What does a senior auditor do?

Senior auditors have a vital role to play in the financial auditing process. They hold more responsibilities compared to staff auditors and report to an auditing manager directly. They have varied duties and responsibilities, including assigning tasks to staff auditors, overseeing compliant and precise auditing processes, and performing control and risk assessments. Senior auditors also are responsible for presenting audit findings, coordinating periodical audits, and submitting reports to the manager. If you are looking to apply for this role, you need to have a bachelor's degree in accounting or finance, strong analytical and mathematical skills, and proficiency in MS Office.

Audit assistant vs senior auditor salary

Audit assistants and senior auditors have different pay scales, as shown below.

Audit AssistantSenior Auditor
Average salary$58,744$74,382
Salary rangeBetween $49,000 And $70,000Between $54,000 And $101,000
Highest paying CityBoston, MAWashington, DC
Highest paying stateDelawareNew York
Best paying companyState StreetMicrosoft
Best paying industryTechnologyTechnology

Differences between audit assistant and senior auditor education

There are a few differences between an audit assistant and a senior auditor in terms of educational background:

Audit AssistantSenior Auditor
Most common degreeBachelor's Degree, 65%Bachelor's Degree, 79%
Most common majorAccountingAccounting
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Audit assistant vs senior auditor demographics

Here are the differences between audit assistants' and senior auditors' demographics:

Audit AssistantSenior Auditor
Average age5144
Gender ratioMale, 38.2% Female, 61.8%Male, 62.7% Female, 37.3%
Race ratioBlack or African American, 6.8% Unknown, 4.0% Hispanic or Latino, 14.4% Asian, 6.6% White, 67.6% American Indian and Alaska Native, 0.6%Black or African American, 8.3% Unknown, 3.9% Hispanic or Latino, 10.6% Asian, 14.2% White, 62.4% American Indian and Alaska Native, 0.5%
LGBT Percentage7%7%

Differences between audit assistant and senior auditor duties and responsibilities

Audit assistant example responsibilities.

  • Manage quarterly reviews (10-Q) and annual audit (10-K) of two public companies as per PCAOB standards.
  • Communicate with health facility staff, consultants and CPA regarding the resolution of technical, accounting and conceptual errors.
  • Go on audit with team, work with clients collecting data they already have prepared and pass out to each CPA.
  • Submit payroll information on all associates bi-weekly.
  • Generate PowerPoint presentations as required for various staff members.
  • Participate in SOX compliance audit for an international medical manufacturing company.
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Senior auditor example responsibilities.

  • Conduct routine retrospective and prospective audits for ICD-10 CM/PCS, CPT and HCPCS for outpatient/inpatient facility and manage auditors.
  • Lead internal control reviews for an internationally own agriculture manufacturing company focuse on the inventory and payroll areas.
  • Create technology specific audit programs for SOX and operational audits ensuring that risks are clearly define and adequately test.
  • Enforce regulatory requirements and uphold Sarbanes-Oxley financial disclosure procedures to ensure accurate representation of internal and on-site audit assignments.
  • Guide clients with the compliance of the accounting standards (IFRS).
  • Prepare, and conduct all GxP (GMP, GLP, and GCP) in house and CMO training.
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Audit assistant vs senior auditor skills

Common audit assistant skills
  • Audit Reports, 30%
  • CPA, 11%
  • Risk Assessments, 8%
  • Audit Procedures, 6%
  • Analytical Review, 5%
  • Sarbanes-Oxley, 4%
Common senior auditor skills
  • CPA, 13%
  • Internal Audit, 7%
  • Audit Reports, 6%
  • Audit Procedures, 5%
  • Audit Engagements, 5%
  • Risk Assessments, 4%

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